Bill Gates changed his approach towards climate change interventions, and we are weighing in for this week's episode of Sound Economies with Mel and Peter. We also explore two contrasting growth paths: India with two tax cuts this year, and Germany with more family businesses eyeing layoffs. Finally, we look at what's fueling emerging market stocks during their best rally since 1993.

Time stamps:

00:00 - Start

00:55 - Quick updates

03:06 - The latest on global markets

04:11 - India's tax cuts

11:40 - Outlook of family businesses in Germany

19:00 - Rallying emerging markets stocks

24:46 - Bill Gates' shift on climate change intervention

32:23 - Our global outlook